Monday, June 1 2026 12:14
Alina Hovhannisyan

Armenia ready to completely reorient its exports to Europe in event  of restrictions - minister 

Armenia ready to completely reorient its exports to Europe in event  of restrictions - minister 

ArmInfo. If restrictions are imposed on the Russian market, Armenia is ready to completely reorient its exports to European countries. Armenian media reports that Armenian Minister of Economy Gevorg Papoyan stated this.

He noted that issues related to product quality and production  volumes have already been resolved, but the main challenge remains  high logistics costs. In this regard, according to Papoyan, the  government is considering mechanisms to subsidize transport and  customs costs for products exported to the European Union. "The  amount of subsidies required for exports to EU countries has already  been calculated," he emphasized. The day before, during a  pre-election campaign in Byurakan (Aragatsotn Region), Armenian  Economy Minister Gevorg Papoyan told reporters that authorities would  find solutions within two days for the export of fruit and vegetable  crops, ensuring that farmers' harvests would be sold at affordable  prices for local citizens.

Specifically, he reported that these tomatoes are already being sold  in Armenia. "I see some price reduction, which is quite logical," the  minister said, not ruling out a further drop in prices in the coming  days. 

"However, we are working, including with the mayor's office, on  organizing markets, and are also developing programs to promote  exports to European countries," Papoyan said.

As a reminder, Rosselkhoznadzor, the Federal Service for Veterinary  and Phytosanitary Surveillance, imposed temporary restrictions on the  import of fresh tomatoes, cucumbers, peppers, green vegetables, and  strawberries originating and originating in Armenia on May 30 due to  identified violations. The agency explained that agricultural  products supplied by Armenia did not comply with EAEU and Russian  standards.

Rospotrebnadzor, the Federal Service for Surveillance on Consumer  Rights Protection and Human Wellbeing, suspended the sale of 64.5  million units of "Jermuk" mineral natural medicinal table drinking  carbonated water in the Russian Federation on May 28. The order was  based on the manufacturer's violation of mandatory technical  regulation requirements.

The water was found to contain excessive levels of bicarbonate ions,  chlorides, and sulfates.  In 2025, Armenia exported 146,500 tons of  fresh fruits and vegetables, 1.4% more than in 2024. Of this volume,  approximately 90% went to the Russian market. It should be noted  that, according to the Statistical Committee of the Republic of  Armenia, mutual trade with Russia in 2025 showed a 38.3% decline,  amounting to $7.6 billion. Exports declined by 6.9% to $2.9 billion,  while imports fell by 49.2% to $4.7 billion.

Meanwhile, trade turnover with EU countries increased by 7.2% in  2025, amounting to $2.5 billion (or 11.7% of total trade). Exports  increased by 9% to $666.8 million, while imports grew by 6.5% to $1.8  billion.